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's taxes. with taxes spiking the rich are fleeing for the borders. how much can the state take from the wealthy before there is nothing left? today's "money" power panel weighs in. >> didn't think new york apartments could get any smaller? oh how wrong you are. micro apartment are coming to the big apple. could the miniature spaces bring big profits to the developers and will they spread to more cities? one of the architects is here with the details. even when they say it's not, it's always about money. melissa: first let's look at the day's market headlines and today's market moment. the beat goes on for the bulls. strong earnings from the likes of ibm, and google helped give a boost to stocks. the dow and s&p 500 hit fresh five-year highs. the blue-chips rose 66 points. apple earnings are sliding after-hours. the company reported fiscal first-quarter earnings just a short time ago, beat expectations on the bottom line. came in a bit light on revenues. mcdonald's shares climbed. it beat expectations on the top and bottom line in the fourth quarter. also reported a solid rebound in
majority leader eric cantor is there and says the to leaders tax eswill not sigo up. you're watching cnbc, first in business worldwide. >>> we have had a busy, a barrage of earnings. we've had microsoft and at&t and starbucks, all posting their latest quarterly results minutes ago right here on the show. let's get a roundup now that we've had time to digest and read through all the earnings action. rights, bertha? give it to us. >> reporter: not full digestion but a tummy still full looking at the numbers. fiscal second quarter for microsoft beats by a penny. street looking for 75 cents. refnous more or less in line. actually had missed on both the top and bottom line last quarter. take a look at the reaction of the stock. we've got microsoft here. there we go. it's still down, however. sold 60 million windows 8 loy senses. no details on the surface sales. that's something else people may ask on the license call. at&t, strong on the bottom line, and actually missed on both the earnings for the same quarter last year. they said they saw smartphone fans, activated 18.6 iphones and 26% were
tax, at the time with mubarak and the current president morsi is hardly someone demonstrated he's committed to keeping peace with israel. i want to take a moment and remind our president before he delivers the remaining parts of the deal to morsi, exactly who he's dealing with, mohammed morsi is a muslim brotherhood member, a 9/11 truther, called the israelis descendents of apes and pigs and called them vampires and killers and stands with the palestinians and told an iranian news agency he'll reconsider the camp david accord and pushed through a sharia focused constitution and one more thing, mr. president, he called you a liar and america the enemy. here with the reaction of the troubling story former new york mayor rudy guiliani. you know the first questions that come to my mind are, why would anyone give these planes when they likely will be used to attack israel? >> it's hard to figure out exactly what else they could be used for. explain to me where egypt is threatened. egypt is not threatened by saudi arabia, egypt is not threatened by iran. egypt is not threatened by rus
, requiring congress to not spend more than it makes, than it takes in in taxes. if you call taxation making money, but it can't spend more than it takes in. any traction on that? >> yeah. this is an idea, an old idea, whose time has timely come, and, you know, as polls show about 75% of all americans support this idea, most of the state legislatures operate the same way, and we need to do this because we need permanent structural spending reform so that we don't find ourselves back in the same position every six to 18 months in raising the debt limit. >> limit spending to 18% of the gross national product, 18%. right now, it's a rate of 23%. we're looking at some of the other things that you would do. you want a historical average of total federal receipts so congress is only run a deficit, increase taxes, or increase debt if agreed upon by a two-thirds vote. i like how it sounds, but it doesn't sound like you can get other politicians to agree to it? >> rome was not build in a day. it's in the a sell yet, but we have support in the senate for the idea of a balanced budget amendment. the la
the exporters going down and then the wild card here is what is the government going to do with taxes, how does that affect business and consumer spending. so we're on that road, but the road is-- it needs a lot of pavement, stuart. hopefully our government will do the right thing by us. >> hopefully. >> stay there for a second, carol, i want your opinion on another news item. and we broke the story yesterday, union membership, it's way down. i've got some numbers for you, in all, 400,000 workers, less left the labor movement, gone, 400,000, the state of wisconsin lost 46,000, 13%. indiana, where a law passed last year that doesn't require workers to pay a union fee, still allows them to benefit from collective bargaining, that lost more than 56,000 union members in that state. down 18%. most of the municipal workers, by the way. and these are the lowest union levels since 1916, i believe. carol, it occurs to me that unions have a lot of political power at the moment, but they're sharply declining membership. >> they do. and you know, it's funny, i am he' the daughter of a union electrician so
the gasoline tax. mcdonnell says the gas tax is introducing enough revenue to introduce new roads. >> the gas tax is on a long decline. you're going to have a problem in five, 10, 15 years. >> i think it is a great died idea. >> if he gets his way virginia will be the first state to have no gas tax. he wants to an a fee on alternative vehicles. he says that will generate $600 million more than the current gas tax. >> i don't mind it is low compared to the rest of the nation. i would be ok with that. >> the governor is going around the state to push his transportation bill now because next week it will likely come up for debate in a possible vote in the legislature in richmond. >> ok, metro unveiled their long-term infrastructure plan. it is not cheap. it will cost about $1 billion a year to maintain the system after current repairs are done. they are also proposing a half million dollars annual for train, cars, and other improvements. the plan, look at 2014 and beyond has to be approved by the board. >> a deal to cut down on philly bitting is one s
are going to get into solutions. there is something they have been advancing called the robin hood tax. it is gaining steam, all kinds of americans are starting to buy into this. i want you to hear about a as one solution to the problem. please welcome roseanne. >> as we all know, wall street does not pay its fair share. there is a minimum of 50 cents on stocks. we all pay sales tax on everything that we buy. we sell something, we pay tax. this is paying to wall street -- you have gotten a pass. when you talk about jobs and education, i want to ask you, where are the jobs? they are not just trickling down or bubbling up -- there are no jobs in this country. i work for the labor movement -- it is being decimated by the right wing. i will talk about the financial transaction tax -- this is a part of the solution. i want to tell you, i represent registered nurses in the unions across this country. they are of the finest tradition of martin luther king -- they are about humanity. they do not make distinctions among patients. they do not care if you are rich or if you are poor, if you are b
lower. what you are seeing is a lot of investors wanting to take a profit before the capital gains taxes kicked in. you started seeing the stock sell off last september. as for today, they are choosing to get out and they are seating up. phones and tablets and the heat is coming heavier these days. >> it's about innovation here since steve jobs passed. tim cook took over and what does it say about tim cook's tenure as ceo? >> does he get the blame? sure. the buck stops with him. he's the same guy who oversaw the debut of the iphone 4s. he's the guy who stared the stock price. when kwook took over, the price doubled in the first year and his charge peaked in september. shares have tumble and there two camps and schools of thought. wall street and analysts say that they don't have the confidence that he can deliver, but this is an incredibly healthy company with $137 billion tucked away and the next four quarters show what this showed last night, maybe they will ree valuate. for now, cook should stay. >> we are just minutes away. president obama expected as we are looking live at the white
. now stores will be allowed to pass the extra cost on the you, like a tax. up to 4 percent of the total cost of whenever you're buying. with us now, consumer education president, smart credit dot com. the president of optimum capital management. great to have you both year. al start with you. what do you make of this? >> this is really bad news for consumers. we are already getting nickel-and-dimed to death, and we are about to get even worse. essentially, the fee that the market had -- merchant has to pay to exit the credit card, cone -- commonly called a slight fee, in the past they have not been able to charge a line-item extra cost to the consumer to cover that. starting this sunday will be allowed to. that is the bad news. they have already baked in that she in the price of the merchandise the you're buying. so now not only unable to charge a fee on top of what you're already purchasing, but essentially paying the fee to times over, and those of us to pay cash are really getting screwed because we're still paying the fee for people using credit cards. gerri: i want to show people s
interest rates rise, our taxes are going to have to be higher to pay that debt. now, not all of that debt is held in the united states so it's not a question of just having to pay taxes in order to pay the american holders of that debt. about half the debt is now held outside the united states. chinese, middle east, others. we're going to have to raise taxes in the u.s., produce goods and services in the u.s., and ship them to the chinese, to the middle east, and others. the bigger the debt is, the more of that we're going to have to do, so it's a serious problem, and it also means that things could get out of -- really out of whack as they have in europe if suddenly foreigners or others just don't want to go on holding that debt. melissa: do you think that happens? there's a lot of people that say, you know, they don't want to stop buying our debt because we're the best game in town no matter how bad it gets, but that would be the tipping point when they come in and don't buy our debt. people say that would never happen. you honestly believe that would happen? >> it certainly could. it's
. >> greta: every time we hit one of the mile posts, whether it's sequestration or debt ceiling, taxes going up, whatever it is, what happens is the solution is just to extend is somehow and create another hurdle in a certain period of time and when we get to that point we do it again. i mean. >> that's not the best way to do it. >> greta: is there ever going to be a finality to this. >> one way or the other because there will come a point where the debt will deal with us if we don't deal with it. no doubt it has to be dealt with, we would hope we would deal with it it before that point of crisis before we become europe or one of the places that scramble to deal with it that should been dealt with a long time. the president of the united states gave his inaugural address on monday and barely mentioned the national debt and the fundamental argument only way for the middle class and create prosperity in america is for the government to have more control over our economy, more taxes, more regulations, more spending. there's a fundamental difference between the president's view of our future and
. did raising taxes work for california? we know it didn't work for phil mickelson. >> we hope he doesn't move away because we need him in his state of the state speech, governor quotes genesis seven years of fat followed by seven years of lean. he says the fat is back. and up next, what he plans to do about it. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. tdd# 1-800-345-2550 when the spx crossed
taxes and says he wants to pay his fair share. how lame is that? what happened to golfers of america. later, good news and bad news for smokers. ♪ ♪ humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? ♪ ♪ >> andrea: all right. earlier this week , progolfer phil mickelson said he thought tax rates were too high, federally and in his home state of california. a day later he apologized and then he apologized one more time yesterday, promising he wants to pay his fair share. >> my apology is for talking about it publicly. i shouldn't take advantage of a forum i have as a professional golfer to try to ignite change. i love this country. it affords me to do what i love. i never had a problem before. i never had a problem paying his fair share. >> andrea: imagine being his wife. sorry i left trash
and further away made their living standards are slashed and force us to repeat or taxes used to build governments on the other side of the continent. we're for starting duties at some demonstrations of athens, madrid and rome. restarting casein in berlin, helsinki and the hague and of course were saying this frustration with the e.u. vary dramatically here in the united kingdom. europe's leaders have a duty to hear these concerns. indeed we have a duty to act on them and not just to fix the problems in the euro zone, but if in any emergency should plan for the amount as well as dealing with the present crisis center in the midst of present challenges we should plan for the future and what the world will look like when difficulties in the euro zone have been overcome. the biggest danger to the european union comes not from those who advocate change, but those who denounce new thinking is heresy. in its long history, europe has experienced heretics that turned out to have point. my point is this. for the same will not secure long-term future for the euro zone. more of the sample not fit
. the multimillionaire golfer who complained about his taxes in california is still talking about how he wished he never talked about it phil mickelson now says about his threat to up and leave the state of california. new words next. using robotics and mobile technology, verizon innovators have made it possible for teachers to teach, and for a kid... nathan. tadpole. ... to feel like a kid again. because the world's biggest challenges deserve even bigger solutions. powerful answers. verizon. get at low clearance prices., even tempur-pedic mattress sets save even more on floor samples, demonstrators, and closeout inventory. the year end clearance sale ends sunday at sleep train. ♪ your ticket to a better night's sleep ♪ >> shepard: a dumb mistake. that from the golf great phil mickelson at a charity event. he says he completely missed the mark when he publicly complained about california's tax on millionaires and threatened to leave the state or retire from golf all together. >> i shouldn't take advantage of the form that i have as a professional golfer to try to ignite change over these issues. i s
to work legislation and low taxes have built taxes into a juggernaut. when governor rick perry was running for president he could claim, rightly, that his they created more than one-third of all of the jobs created in the entire country since the recovery began in 2009. amazing. not new york. not connecticut. texas. the lone star state unemployment rate of 6% handily beats up the nation. then there is louisiana, virginia. five and a half percent. oklahoma, five. new yorkers, pardon me, over 8%. the jersey, nine and a half percent. these metrics matter. the south is ticking new york's but the reid is a culture difference? hello, yes. thank goodness. i thought that is what liberals celebrated, diversity. i guess i probably shouldn't get so upset. after all, he has had this problem. the 40 year-old congressman was censured by the house two years ago after facing charges of 17 years of unpaid taxes on property in the dominican republic and more than 500,000 in undisclosed public assets. crazy. he also was investigated for raising millions from companies with business before the committee each
beverages. liz: boy, we have a president who was reelected, we've got all kinds of tax changes, the payroll tax cut has been eliminated. we got through one part of the fiscal cliff, now we're looking at the debt ceiling. which one of those, to you as a business leader, matters the most, affects business the most? >> i think, um, what matters the most is providing clarity. clarity to business, clarity to the country at large. and that's what people want. every time there's a survey, you see that they want clarity. and that's why i think it is so important to have a solution. liz: well, now you know you have clarity on the fact that people have the payroll tax back into their paychecks. >> sure. liz: are you seeing any effect on that where people have less money in their pockets, and maybe they're not buying coca-cola as much? >> well, i think generally speaking we still see great opportunities in the united states for our business in the coming decade and continuing on from there. we haven't seen an impact yet. it's too early to tell. liz: okay. >> but i would say this, um, i would say if we
an outdated and anticompetitive tax code, and to streamline government bureaucracies that are literally suffering job creation. they have done their jobs while senate democrats have tried to keep their priorities secret. now, we know senate democrats don't like the house budgets, and we know they don't even support the president's budgets, at least not with their votes. what we haven't known for nearly four years is what they're for, because they have refused to put their plans for the country down on paper and actually vote for them. now it's my hope that the democratic sudden interest in passing a budget isn't just another attempt to actually raise taxes. as i've said repeatedly, we're done with the revenue issue. the president has already said that the so-called rich are now paying their -- quote -- "fair share" -- end quote, and of course middle-class families are already on the hook for new taxes as a result of obamacare. so the question is who would be in the firing line this time? and at what cost? look, struggling families shouldn't have to pick up the tab again for washington'
should kept his opinion on taxes themselves. nicholson set off a firestorm of controversy when he said teammate will out to california because of recent hikes in federal and state taxes on the wealthy. when asked about of the farmers insurance opening california he compared his remarks to a bad call he made at the 2006 u.s. open. >> i made a big mistake talking about is the publicly and i should not have done that. my apology is from talking about a publicly because i should not take advantage of the form that i have as a professional golfer to try to ignite change over these issues. >> mickelson had said that his tax rate was over 60 percent in that state. according to the tax foundation they said it is closer to 51%. california recently became the state with the highest top marginal tax rate face the voters passed in november a temporary tax hike on wealthy residents. >> coming up on the kron4 morning news defense secretary leon panetta expected to make a big announcement today more on historic change coming to the military. we are seeing a lingering wet weather across the bay area t
austerity or the taxes are used to bail out governments on the other side of the continent. we are starting to see this in the demonstrations on the streets of athens, magid and world. we're starting to see it in the parliaments of berlin, helsinki and the hague. and yes, of course, we are seeing this frustration with the eu very dramatically here in the united kingdom. europe's leaders have a duty to hear these concerns. indeed, we have a duty to act on them. and not just to fix the problems in the eurozone. for just as in any emergency you should plan for the aftermath as well as dealing with the present crisis, so, too, in the midst of the present challenges we should plan for the future, and what the world will look like when the difficulties and the eurozone have been overcome. now, the biggest danger to the european union comes not from those who advocate change, but from those who denounce new thinking as heresy. in its long history europe has experience of heretics who turned out to have a point. and my point is this. more the same on the secure a long-term future for the eurozone.
to help make the pitch to raise $3.1 billion over the next five years, but the corner torn has a tax cut and tack hike. the governor would scrap the gas tax and hike the state sales stacks, 5 cents to 5.8 cents, but mcdonald's plan has competition, including proposals from some gop lawmakers from northern virginia, and senate democrats, angry about a surprise redistricting bid by the gop counterpart have threatened to block the governor's plan. >> unlike the bills, we have the support of the community and the business leaders. that's why i think we have a shot of passing. >> reporter: fairfax county chamber of commerce has put its support behind the governor. >> there's a crisis in funding for transportation initiatives in northern virginia and across the state. >> reporter: the case was strengthened by showing 2:1 support among virginians in a recent survie, 63 percent favored the are the support it. we also found a majority of drivers like the idea of trading the gas tax for a slightly higher sales tax. >> we're already paying enough in general for gas as it is. there's got to be a bet
, saving money on your taxes and boosting your retirement security. here's finra's gerri walsh. >> with washington roiling from one crisis to another, many americans feel uncertain about the impact of changing tax rates and how to achieve retirement security in a fragile economy. but, especially at times like this, workers should focus on what they can control. no matter your tax rate, contributing to a 401(k) can help you save money on taxes and boost your retirement security. your contributions to a traditional plan are not included in your taxable income, and earnings on roth contributions are tax-free. the good news for savers is that in 2013 401(k) limits go up to $17,500, and employees aged 50 or over can contribute an additional $5,500. but, at the end of 2011, the average account balance in 401(k)s nationwide was just under $60,000. if you're not sure you're doing all you can to lower your taxable wages and secure your retirement, finras new 401(k) save the max calculator can help you do the math to find out. i'm gerri walsh. >> tom: join us tomorrow on twitter for a tw
gun owners a $1,000 a year tax credit for each of two years for turning in assault rifles to state police, none of these are expected to pass of republican controlled house. president obama's address triggered a scathing response from the national rifle association, the leader, rain lapierre, said that president made a mockery of our constitutional rights. >> they are god-given freedoms they belong to us, in the united states of america as our birth right, no government gave them to us, no government can ever take them away. lou: lapierre argued only reason that federal government would want to create a list of gun owners is to quote, tax them or takes them. our next guest is a texas gun shol owneshopowner who is now ca boycott of groupon, after the site canceled his dial for a concealed handgun training course, he said that groupon seems to e8 to to e88ing anyoneo believes in the second amendment with as monster. saying this statement -- including shooting ranges, conceal and carry, and clay shooting, have been placed on ed on hiatus while we review internal stanstandards. the cat
're in a minority in the senate and chuck schumer talking about a budget but one that will have more tax increases in it. >> one of the good things is, it's hard to do things like that in the senate if you don't have a preexisting law that does that for you. so i think we're done with the revenue discussion. now it's about getting spending under control, and i think republicans are going to be united on this. i hope very united. because we need to save this country from the fiscal ruin that awaits us if we stay on this road. >> what do you think has happened to your fellow republicans. like they lost their backbones? >> i don't know about that. neil. i think that -- when i talked to my fellow senators, there's a really strong resolve to make progress on this front. we got big battles coming up. i think we have to make sure the savings of the sequester stays in play. and win the continuing resolution expires in march, we have to make sure a continuation doesn't occur. i think my colleagues on the other side of the aisle will be engaged in that fight to preserve those things but we'll be battling a
gassline taxes.but ooerror o'malley says without...a new infuuion oo revenue...many projects...could be in jeopardy.so ssnateepresident pikeemiiler...isnow eeploring annoption....hat would stiil have drivers paying more. (miller) "evvrrbody would pay a modest gas tax,,a thhee percent sales tax tacked on at would raise $300 millioo hat admits...that alone...wouldd not fully pay for eeer repairs...as weel s mass transit...and future projjctss (rydell) "staae trasportaiton officials have made it cleaa that without a ignificaat increase in fuuding for transportation, the proposedd red line in the bbltimmre arra and purple line in the ddc. suspended."so miller...also... wants to ggve urban and suburban subdivisions the authority to raise their ownn - exammle...officials in bbltimore cityy..and anne arunn countiess.. could raise their propeety taxes...and use the proceedstt fund mass ttansit. (miller) "and thh ooly ay we can do it is if those areaa lawmakers...still obbect to a higher tax gas.but they find...intriguing...the idea thhttsubbrran rrsidents pick up theecost...to xp
mickleson says he should have kept his opinion on taxes to imself. he set off a firestorm recently when he said he may have to move out of california because his recent hike in federal and state taxes on the wealthy. mickleson said at the time his tax rate was well over 60%. but according to the tax federation and california's tax experts, it's closer to a 1%. still really, really high. california recently became the state with the highest top marginal tax rate. >> that 51% hurts. >> that's exactly why so many professional golfers from all over the word live in florida. that's exactly why. >> or they're going some place else. >>> you're not going anywhere. you're coming back in 30 minutes. what do you have for us? >> i'm watching your money at the grocery store to make sure you are getting what you think you're paying for. >> sound goods to me. thanks, jess. >>> it was nearly a decade from the time chandra levy disappeared till prosecutors got a conviction in the case. >> this morning there are serious new questions about the trial. we have that story coming up. >> and are you tired of hea
tax comments. >> i have made some dumb, dumb mistakes and obviously talking about this stuff is one of them. my apology is for talking about it publicly. i shouldn't take advantage of the forum that i have as a professional golfer to try to ignite change. >> mickelson hinted earlier this week he may leave california or the united states because of how much he's paying in taxes. california has a new tax rate of 13.3 percent. that is your 5@5:00. >> tiger woods moved out of california fort same reason. >> four months after the terrorist atrack hillary clinton finally testifying about what she knew. there was no shortage in fireworks yesterday in what was a heated and emotional day on capitol hill. >> i am glad you are accepting responsibility. i think ultimately with your leaving you you accept culpability of the worst tragedy since 9-11. had i been president at the time and found you did not read the cables from benghazi or bam ambassador stevens i would have relieved you have your post. >> peter doocy is live from washington with more. >> peter do we have you there? >> yeah, i am he
up a fight in the spring over taxes, spending and the deficit. >>> it appears california will finish the month with a bump in tax revenue. according to the legislative analyst's office, the state is expected to end january $4 billion ahead of projections. the state also set a record on january 16 when the franchise tax board received $2.2 billion in taxes. experts say the excess money may be the result of a combination of state and federal tax changes. >>> government figures released today indicate that union membership in the united states is at its lowest level since the 1930's. the bureau of labor statistics says union labor declined. it's a drop of about 400,000 workers. the losses were spread across both the government and private sectors. >>> a state appeals court has upheld the right of a san jose car dealer to share its tips with other employees. in a unanimous decision, judges from the sixth district court of appeals said they could find nothing in the law that made the practice illegal. it is common in the restaurant business for waiters and waitresses to have to share tips
of potentially getting out of the eurozone. today, he took a different tactic. we talked about not raising tax rates, but as corporations around the world both affecting issues in the uk and elsewhere are becoming a real issue. i want you to take a look at this piece. >> individuals and bess must pay their fair var. and businesses who think they can carry on, they can keep selling to the uk, and selling uk tax arrangements are for you to wake up and sell the company. >> that comment, by the way, about coffee is actually about starbucks which has created some problems because they've been avoiding taxes in the uk. but take a look at this quote right here. david cameron not making friends. labor mp dennis skinner says it was gruesome for the prime minister to be heading out of austerity-riddled britain to wine and dine at davos with 50 top bankser who helped create the economic crash several hundred tax avoiding milliona e millionaires. >> a lot of people talk today about a report. there was a report earlier this morning that mr. oh lund discovered averting. in total, the report was said to be
opinion on taxes themselves. nicholson set off a firestorm of controversy when he said he may have to move out of california because of recent hikes in federal and state taxes on the wealthy. when asked about it and the farmers insurance opened in california, he compared his remarks about the mistake he made the 2006 u.s. open. >> it was like when i tried to carve a three iron around the tree and made double bogey and lost the u.s. open. i think i will learn my lesson and take the wedge and get back and play. i made a big mistake talking about the stuff publicly and i should not have done that. >> still asking for a mulligan. he said that his tax rate is over 60 percent in the state. but according to the tax foundation in california tax experts, is closer to 51%. california recently became the state with high as top marginal tax rate banks to boaters passing in november a temporary tax hike on wealthy residents. >> new this morning police searching for a man who kidnapped a 13 year-old girl, i am live on the scene. >> also watching the bay area weather as we clear up this morning. we will
for transportation projects across the commonwealth. he'd do that by eliminating virginia's gas tax tax and raising its sales tax. >>> an anti-abortion protester who's been banned from d.c. after climbing a tree during the inauguration is now getting some support. reeves grogin clie n climbed th during president obama's inauguration ceremony. he stayed up there for five hours. several civil liberties groups say banning him from the district while the case is pending violates free speech. he's been arrested several times in the district for disorderly and unlawful conduct. >>> this morning we're hearing of the calls for help of a man trapped 20 stories in the air. he was working on this cell tower in gaithersburg yesterday when he got so cold he couldn't move. he even had trouble reaching his cell phone. after several hours he was able to call 911 for help. >> you're stuck on a tower? >> yeah. my hands are like completely frozen. i can't like grip -- i can't get down. my co-worker, he can't -- he's telling me to meet him halfway. >> how high up are you? >> i think it's like 200 feet or 150. >> okay.
not been all smooth sailing. starbucks got a roasting for paying no corporation tax on new sales of some $600 million. it's now volunteered to make some payments. starbucks arrangements are perfectly legal and typical of a multinational of its kind. but critics have not been silent, forcing starbucks into damage control. >> one of the things that's really tricky about that situation on corporation tax is how do you educate the public of the complexities of the british tax code, and does the public really care about those intricacies? probably not. so, on the one hand, by educating the public, you look defensive. by not educating them, then you're almost encouraging them to think that you are a big, greedy, terrible company trying to exploit your workers. it's a very difficult thing to play. >> big numbers expected later on from starbucks. >> aaron, thank you, thank you. do stay with us. there's much more to come here on "g.m.t." our science correspondent explains why biscuits provide a clue to the link between dogs and their canine ancestors. >> now, to the controversial construction of
you have to say? stuart: we also agree on taxes. >> we should have a free enterprise, free market system. stuart: why are you such a supporter of the most leftist president in american history? >> it is not just a chief financial officer, it is a leader of our nation. he has no peers when it comes to any other candidate on the republican side or any other republican sitting in the senate. we are out of time. connell: good morning, everyone. i am connell mcshane. dagen: i am dagen mcdowell. things are looking up on the jobs front. connell: monica crowley. dagen: dreamliner, the troubles have not gone away for boeing. michael dell has ordered one of them. connell: then there is jamie dimon and john chambers. you will be hearing from both of them in this hour. liz claman at the world economic forum. cheryl: stocks now and every 15 minutes. apple. nicole: i will show you apple in a moment. the dow, the s&p are doing quite well. five-year highs. highs that we have not seen since 2007. the tech heavy nasdaq, apple weighing on the nasdaq. are we almost at 14,000? we cannot believe it. wh
and wondered whether there was selling for tax reasons and things of that nature and the people i have spoken to this morning, who do manage money, say the same. all right. let's watch it today. let it weed out and then perhaps revisit it in a few days. >> a couple of dividend. you talked about how that could help, maybe they actually go in and do a buy back of monstrous proportions. >> that could be around the corner. their next meeting, board meeting, is february, when they initiated the dividend f that's catalyst that's a catalyst. isn't it sad to think this was once the go go growth company and now looking the a possible dividend or buy back as the next catalyst for the shares? my how things have changed. >> that requires a management that thinks there's something wrong with the stock. requires a management to hit the stock, maybe they are, maybe they are not. >> buy back or a dividend, acknowledgments? >> so clear the stock was blowing up during the conference call. very clear, but the company was talking about good product, good product. >> companies don't want to acknowledge they are n
higher tax rate. his former neighbor says he has a point. he says the tax policy in their neighborhood is criminal. criminal. he'll explain. [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your doctor should balance the benefits with the risks. all prescription nsaids, like celebrex, ibuprofen, naproxen and meloxicam have the same cardiovascular warning. they all may increase the chance of heart attack or stroke, which can lead to death. this chance increases if you have heart disease or risk factors such as high blood pres
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